IBM Board Approves Regular Quarterly Cash Dividend

July 31, 2018 11:11 AM Eastern Daylight Time

ARMONK, N.Y.--(BUSINESS WIRE)--The IBM (NYSE:IBM) board of directors today declared a regular quarterly
cash dividend of $1.57 per common share, payable September 10, 2018 to
stockholders of record August 10, 2018.

With the payment of the September 10 dividend, IBM will have paid
consecutive quarterly dividends every year since 1916.